3M Company (MMM) price prediction for 2022
Predicted price range for 3M Company Our trading algorithm values 3M Company (MMM) to be strongly undervalued. ###PLOTLYGRAPH### The red lines in this …
Read ArticlePredicted price range for Cognizant Tech Sol
Our trading algorithm values Cognizant Tech Sol (CTSH) to be strongly undervalued.
The red lines in this plot symbolize the changepoints of the price, meaning that the trend or direction changed, either from a down to an uptrend, or the other way around.
| Name | Value |
|---|---|
| Our valuation | strongly undervalued |
| Current trend | uptrend |
| Buy/Sell Recommendation | Strong Buy |
| Current Price | $58.6 |
| 60 Day Prediction | $65.27 |
| 60 Day Pred - Lower Bound | $60.69 |
| 60 Day Pred - Upper Bound | $69.78 |
Our algorithm predicts the future trend with the linear formula (a*x + b = y):
$ price = 0.008 * nr_days_in_the_future + 65.038
Based on this information, our algorithm recommends the trading decision: Strong Buy. Remember that this is not investment advice, and only a statistical analysis. Do your own research.
Historic price development
CTSH traded at $58.6 this Saturday October 15th, gaining since last week.
Looking back, over the last month, CTSH has been loosing $-3.36 or -5.73 percent.
Over the last year, it has been loosing $-20.56 or -35.09 percent.
Seasonality of Cognizant Tech Sol
Using our AI model, we have been analyzing the value change for Cognizant Tech Sol depending on the day or month of a year. This can be seen in the following graph:
